Entrepreneur puts up ‘for sale’ sign

New Zealand entrepreneur
Pat Goodman
is selling Cardrona, his rural retreat in the NSW southern highlands. The property, on about 25 hectares near Sutton Forest, is expected to sell for between $7.5 million and $8 million.

Sir Patrick founded Goodman Fielder. The family also had a significant interest in the Goodman Group headed by son Greg.

Cardrona has been extensively upgraded since Sir Patrick acquired the property seven years ago. Agent Chris Meares said the rural retreat with well-maintained farm improvements and paddocks would suit the horse or cattle breeder.

“The property has undergone a glorious transformation in the past seven years,’’ he said.

“The grand four-bedroom Federation homestead, from around 1910, and the historic guest cottage have been sympathetically restored to the highest standards by well-known architect John Webb.’’

Expressions of interest close with Meares & Associates on May 25.

The homestead, built for the Richardson real estate family, includes a fine dining room, timber-panelled library and large billiard room with bar. The separate guest cottage has two bedrooms and its own sitting room, opening to the garden.